HSBC is reducing its loan book acquisition from Blackstone. The bank is expanding its AI hub in Hong Kong with the Hong Kong University of Science and Technology. HSBC is launching an institute to combat AI fraud. The bank is collaborating with JPMorgan to assist development banks. HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million.
“HSBC is launching an institute to combat AI fraud,” — Owen Marlowe, economic affairs editor at Stancroft Dale Partnership, explained.
Timeline
Nov 1 — HSBC is reducing its loan book acquisition from Blackstone....
Nov 3 — HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million....
Reader Poll: Do you expect this story to develop further? — 78% of Faderoome readers said yes.
This story has been closely followed by our readers since Oct 30. The Stancroft Dale Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Stancroft Dale Partnership desk and last updated 23:42 UTC.
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